117
117
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 117
favorite 0
quote 0
he said he would rather go over the fiscal cliff than not to raise tax rates. so obama pushing higher taxes on the top 2%, not for economic reasons but for i'd logical reasons but there is also this obvious fact. obama wants to raise the top rates for political reasons. now that is he wants to force republicans to raise tacks in order to trigger a civil war within the gop and the conservative movement, and in that respect sadly obama is having some success. now so long as this debate is focused not on cutting spending but on raising daxs and revenues with the only question being which taxes, how much revenue, then obama wins. now if obama succeeds in making the argument not about his spending, but about grover norquist, he wins there, too. for republicans, on the other hand, if they can figure out a way to refocus the debate on spending, they win and the country wins. we can't kid ourselves that's correct is not easy to do. obama has the biggest microphone in the land and he also has the media in his hip pocket. all the gop has is control of the house. now it's
he said he would rather go over the fiscal cliff than not to raise tax rates. so obama pushing higher taxes on the top 2%, not for economic reasons but for i'd logical reasons but there is also this obvious fact. obama wants to raise the top rates for political reasons. now that is he wants to force republicans to raise tacks in order to trigger a civil war within the gop and the conservative movement, and in that respect sadly obama is having some success. now so long as this debate is focused...
292
292
Dec 6, 2012
12/12
by
FOXNEWSW
tv
eye 292
favorite 0
quote 0
cliff if taxes are not raised. >> the administration prepared to go over the fiscal cliff? >> absolutely. there is no prospects in agreement that doesn't involve the raise going up on the top 2 percent. >> house speaker bane another a boehner and president obama have been talking by phone. not much progress was made. boehner says if he doesn't agree with the propose sal he has obligation to submit one of his own. >> the missing girl battling leukemia is safe and is being treated in new mexico. she was taken out of a hospital in phoenix. her mother took her. doctors are worried she could potentially get a deadly infection. the girl's father claims the hospital was to blame for a different infection which cost emily her right arm. he's refusing to tell police where she is in mexico. both parents could face criminal charges. >> shock, disgust and fear spread quickly on the campus of the university of -- one details the exact moment they realty lied they were in a major crisis. it reads subject emergency the shooter at the aurora mall last night was james holmes i am worried ab
cliff if taxes are not raised. >> the administration prepared to go over the fiscal cliff? >> absolutely. there is no prospects in agreement that doesn't involve the raise going up on the top 2 percent. >> house speaker bane another a boehner and president obama have been talking by phone. not much progress was made. boehner says if he doesn't agree with the propose sal he has obligation to submit one of his own. >> the missing girl battling leukemia is safe and is being...
188
188
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 188
favorite 0
quote 0
that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that the country is facing. >> even the president got the tax rate hike he wanted understand we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has got a spending problem, not a re-knew problem. >> for many top democrats it's all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are at that point the 39.6% does produce the revenue. the differentiation between 39.6% and the 28% at that the president has for limitation on deduction creates a great deal of money as well. >> one conservative financial commentator suggests the likely outcome o
that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that...
287
287
Dec 13, 2012
12/12
by
FOXNEWSW
tv
eye 287
favorite 0
quote 0
>> people are doing interesting things when it comes to the fiscal cliff and taxes. overall h & r block there's one in every five miles of every american. they are every where. this is not just for the month of december. this is going to be going through into january and february. this is their busy time. they hire about 100,000 year-round. the peak season is october to january. tax professionals client service customer care positions, customer care, tech support. one in every tax return in this country that is filed h & r block does it. the fiscal cliff is changing especially with the real estate market i will talk about that next week. they are busy right now. we want to know how to file our taxes. >>> they are lacking toer more than masking. >> exactly. >> everything is listed at my block casone exchange.com. you can apply. we are going to be getting follow up with the fed and crazy decision that took many of us by surprise. >> it is 25 minutes after the hour. he sacrificed his life to save the lives of fellow soldiers in iraq. why is the military refusing to give
>> people are doing interesting things when it comes to the fiscal cliff and taxes. overall h & r block there's one in every five miles of every american. they are every where. this is not just for the month of december. this is going to be going through into january and february. this is their busy time. they hire about 100,000 year-round. the peak season is october to january. tax professionals client service customer care positions, customer care, tech support. one in every tax...
225
225
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 225
favorite 0
quote 0
he goes to michigan in search of simple answers on the fiscal cliff to what make as democrat. he got some good answers and good laughs. >> should we raise taxes? >> i don't know. >> anything over $1 million. >> the household makes $250 should they be taxed like the richest? >> no. >> you disagree with raising taxes on families only making $250,000. >> yes. >> that makes you a republican. >> a republican. >> no. >> that makes you a republican! >> welcome. when you went back and people say, your views sound more republican than democrat, what did they think? what did they sayst well, the video shows if they novembered as conservatively as they live their lives we would see a different demographic, but that shows the media is perpetuating the likes attributed to republicans being conservatives and republicans are horrible county just terrifyingly awful with the message. you can see the people interviewed, they were more concerned with not being seen as republicans than actually giving the right answers or finding viable solutions and a huge portion of that is the people were youn
he goes to michigan in search of simple answers on the fiscal cliff to what make as democrat. he got some good answers and good laughs. >> should we raise taxes? >> i don't know. >> anything over $1 million. >> the household makes $250 should they be taxed like the richest? >> no. >> you disagree with raising taxes on families only making $250,000. >> yes. >> that makes you a republican. >> a republican. >> no. >> that makes you...
194
194
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 194
favorite 0
quote 0
cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps. how big after deal is this? >
cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of...
146
146
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 146
favorite 0
quote 0
republicans will demand there whether it's part of the deal in the fiscal cliff or to raise the debt limit. >> i'm glad you brought that up. in terms of spending, which clearly has to be cut, the president from the reports this week wants to raise the debt ceiling without asking anybody. did they comment on that? >> what he's saying is give me the unilateral right to raise the debt ceiling, which congress had has had to approve, then congress can disapprove with a two-thirds vote. that would mean i could increase it when he wants. it's very unlikely that -- almost impossible, republicans in congress would go along seeding there kind of authority with the president. they might agree to increase the debt limit for enough money to take him through the end of the term. but they're not just going to give him or future presidents the authority to increase the debt limit. that's part of the power congress has. >> we hope to see them working hard at this, time getting close to the end of the year. >> 23 days and counting. >> keep the stopwatch going. happy sunday. >> you bet, thank you. >> d
republicans will demand there whether it's part of the deal in the fiscal cliff or to raise the debt limit. >> i'm glad you brought that up. in terms of spending, which clearly has to be cut, the president from the reports this week wants to raise the debt ceiling without asking anybody. did they comment on that? >> what he's saying is give me the unilateral right to raise the debt ceiling, which congress had has had to approve, then congress can disapprove with a two-thirds vote....
265
265
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 265
favorite 0
quote 0
the payout of 92 million he feared the blooming fiscal cliff and tax hike. he said he took his share of the money every month to avoid higher taxes next year. >> friends family and friends are mourning the loss of mexican american singer rivera. the 43-year-old believed to have been killed in a plane crash in mexico. her license was found in the plane. her body we are told was found this morning. even though the ntsb confirmed her death the family says they are still not losing hope. >> in our eyes we still have faith that my sister will be okay. we have no confirmation of her body being recovered. >>> we were told this morning that her body was recovered. we will have to check on that and give you word. the family is heading to mexico today. >> he was convicted of murdering a 7-year-old girl 15 years after the crime. the 73-year-old was sentenced in an illinois courthouse that case was considered one of america's oldest unsolved crimes. he had been dismissed as a suspect back when it happened and he went on to become a washington state police man. he was ar
the payout of 92 million he feared the blooming fiscal cliff and tax hike. he said he took his share of the money every month to avoid higher taxes next year. >> friends family and friends are mourning the loss of mexican american singer rivera. the 43-year-old believed to have been killed in a plane crash in mexico. her license was found in the plane. her body we are told was found this morning. even though the ntsb confirmed her death the family says they are still not losing hope....
109
109
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 109
favorite 0
quote 0
thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, even if he gets his tax increase on the rich in negoti
thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion...
106
106
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 106
favorite 0
quote 0
get the tax issues off the table. >> so the fiscal cliff. >> let the president own it. >> it ends with a witcher, not a -- whimper, not a bang. >> yes. >> there you go. thank you, panel. check out the panel plus where we pick up on our website, foxnewssunday.com and we'll post the video before noon eastern time. follow us on twitter @foxnewssunday. this program note. tune in to "fox news channel" tonight at 9:00 p.m. eastern for fly me to the moon. chord by neil cavuto, a marks the 40th anniversary of the last time man walked on the lunar surface. next, some final thoughts about my best friend. >>. >> chris: we've been getting totaling here on sunday mornings for nine years now. i hope you don't mind my sharing some personal moments with you from my wife's sunday soup to the passing of my dad. well, i have something new to tell you about. something sad. ♪ ♪ >> last week we had to put up 11 our labrador winston t sleep. it is nothing less than a death in the family. winston joined us ten years ago and he was wonderful. a furry bundle of life and joy. >> it's remarkable. >> chris: he
get the tax issues off the table. >> so the fiscal cliff. >> let the president own it. >> it ends with a witcher, not a -- whimper, not a bang. >> yes. >> there you go. thank you, panel. check out the panel plus where we pick up on our website, foxnewssunday.com and we'll post the video before noon eastern time. follow us on twitter @foxnewssunday. this program note. tune in to "fox news channel" tonight at 9:00 p.m. eastern for fly me to the moon. chord...
219
219
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 219
favorite 0
quote 1
get the tax issues off the table. >> so the fiscal cliff. >> let the president own it. >> it ends with a witcher, not a -- whimper, not a bang. >> yes. >> there you go. thank you, panel. check out the panel plus where we pick up on our website, foxnewssunday.com and we'll post the video before noon eastern time. follow us on twitter @foxnewssunday. this program note. tune in to "fox news channel" tonight at 9:00 p.m. eastern for fly me to the moon. chord by neil cavuto, a marks the 40th anniversary of the last time man walked on the lunar surface. next, some final thoughts about my best friend. with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day!
get the tax issues off the table. >> so the fiscal cliff. >> let the president own it. >> it ends with a witcher, not a -- whimper, not a bang. >> yes. >> there you go. thank you, panel. check out the panel plus where we pick up on our website, foxnewssunday.com and we'll post the video before noon eastern time. follow us on twitter @foxnewssunday. this program note. tune in to "fox news channel" tonight at 9:00 p.m. eastern for fly me to the moon. chord...
193
193
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 193
favorite 0
quote 0
we thought it worked with the electoral map and fiscal cliff, get them a room and try to it. welcome back. >> good to be back. >> bret: a different channelchallenge. we talked about taxes. let's start there. the compromise. how do you get the compromise. joe, start with you. >> the president is asking for $1.6 trillion in revenue. there is no way, the top rate of 39%. there is i think there will be a rate increase. there is no way the democrats are going to go for less than a rate increase. 37% might be a good place where it seems to be possibility for compromise. the president has to give and go to thenate bill for 20% tax and gain and dividends. the next place and big one is how you deal with deductions then, reforming that. my idea is capping all of them at 28%. let the deductions stay the same. take deductions but you can't lower tax rate below 28%. no matter how many you take. decent idea. top tier. democrats might go for it. >> this isn't an attempt to get more revenue. if you raise top rates back to where they were under clinton you can get $462 billion. if you do what
we thought it worked with the electoral map and fiscal cliff, get them a room and try to it. welcome back. >> good to be back. >> bret: a different channelchallenge. we talked about taxes. let's start there. the compromise. how do you get the compromise. joe, start with you. >> the president is asking for $1.6 trillion in revenue. there is no way, the top rate of 39%. there is i think there will be a rate increase. there is no way the democrats are going to go for less than a...
214
214
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 214
favorite 0
quote 0
another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization who knew him is completely numb and has been numb the last couple days. football is a game of emotion. a lot of different emotions circulating. somehow how some way, we have to process it all and understand that life is different than football and we had a job to do today gressiv, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. music: "make someone happy" music:
another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization...
140
140
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 140
favorite 0
quote 0
get the tax issues off the table. >> so the fiscal cliff. >> let the president own it. >> it ends with a witcher, not a -- whimper, not a bang. >> yes. >> there you go. thank you, panel. check out the panel plus where we pick up on our website, foxnewssunday.com and we'll post the video before noon eastern time. follow us on twitter @foxnewssunday. this program note. tune in to "fox news channel" tonight at 9:00 p.m. eastern for fly me to the moon. chord by neil cavuto, a marks the 40th anniversary of the last time man walked on the lunar surface. next, some final thoughts about my best friend. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer
get the tax issues off the table. >> so the fiscal cliff. >> let the president own it. >> it ends with a witcher, not a -- whimper, not a bang. >> yes. >> there you go. thank you, panel. check out the panel plus where we pick up on our website, foxnewssunday.com and we'll post the video before noon eastern time. follow us on twitter @foxnewssunday. this program note. tune in to "fox news channel" tonight at 9:00 p.m. eastern for fly me to the moon. chord...
336
336
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 336
favorite 0
quote 0
everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've got that. but we are definitely going to tax the rich just a little bit more come january 1 to pay for obamacare, specifically taxes on capital gains, dividends going up to just a little bit more, just a little bit more on january 1, and also a little bit more on income of those people making more than $200,000 a year. so we have defined rich down to $200,000 a year. it was a lot higher than that, but guaranteed january 1, a little bit more for obamacare. >> steve: when you say a little bit more, you mean like 3 or 4%, which adds up. >> it does. it's 3.8% extra as a capital gains tax. >> steve: that's a done deal. that's baked into the health care reform? >> that's it. there is no discussion about it. that was passed two years ago. this is going to happen. then you've got maybe a little bit more on income and other forms of income if we approach this fiscal cliff and the president gets his way. he is digging in his heels on higher tax rates on upper income earners. that will be a little bit mor
everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've got that. but we are definitely going to tax the rich just a little bit more come january 1 to pay for obamacare, specifically taxes on capital gains, dividends going up to just a little bit more, just a little bit more on january 1, and also a little bit more on income of those people making more than $200,000 a year. so we have defined rich down to $200,000 a year. it was a lot higher than that, but...
189
189
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 189
favorite 0
quote 0
cliff frenzy, everyone is talking taxes but is anyone really talking about spending cuts? that is supposed to be half the deal to avoid the cliff. president obama doesn't want to talk about spending cuts. congressman aaron schaak is on the house, ways and means committee. good evening, sir. >> good evening. >> what about the spending cuts? >> the president made is very clear during his campaign he wanted a balanced approach. he talked repeatedly about raising taxes on the wealthy. he continues to talk about raising tax on the well think. >> the tax rate. >> right, the tax rates on the well think and beyond raising taxes on the well think, tax rates on the well think, he said he wanted a balanced approach etch said during the campaign he wanted $2.50 in cuts for every $1.50 in revenue. yet you saw the only proposal come from him sense the election was four dollars in revenue for one dollar in cuts. it was $1.6 trillion in revenue and $400 trillion in cuts and $300 trillion in additional stimulus spending in addition to that. but completely the opposite in cracks to his own
cliff frenzy, everyone is talking taxes but is anyone really talking about spending cuts? that is supposed to be half the deal to avoid the cliff. president obama doesn't want to talk about spending cuts. congressman aaron schaak is on the house, ways and means committee. good evening, sir. >> good evening. >> what about the spending cuts? >> the president made is very clear during his campaign he wanted a balanced approach. he talked repeatedly about raising taxes on the...
325
325
Dec 13, 2012
12/12
by
FOXNEWSW
tv
eye 325
favorite 0
quote 0
if the fiscal cliff has, we'll go in recession. people will put off improving their home and it will impact my buds. >> abuds -- my business. >> you have more of the tax money going in, more money going in taxes. less goes in business that fix up and take care of business. we are not going to upgrade as many kitchen or replace as many appliances. the air conditioning stoves down the line. >> he said he will likely lay off employee to juggle the cost. >> big business, they if v full-time accountant and lawyers on their staff. it's part of the overhead and administration but for us it's extra expense off the top. >> it goes across the country. the latest gallup small business index released today find small business owners net capital spending inintentions for 12 months plunged to negative 14 in november. the lowest level two years. >> the dow lost 75. s&p 500 fell nine. nasdaq finished 22. down. finished 22 down. susan rice is out as potential secretary of state. we talk about that with the fox all-stars and the other cabinet shakeu
if the fiscal cliff has, we'll go in recession. people will put off improving their home and it will impact my buds. >> abuds -- my business. >> you have more of the tax money going in, more money going in taxes. less goes in business that fix up and take care of business. we are not going to upgrade as many kitchen or replace as many appliances. the air conditioning stoves down the line. >> he said he will likely lay off employee to juggle the cost. >> big business,...
185
185
Dec 6, 2012
12/12
by
FOXNEWSW
tv
eye 185
favorite 0
quote 0
. >> once again, he was trying to frame the battle oaf the fiscal cliff as being all about taxes. with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. that is good for the american economy. >> republicans believe the reason the president is going light on spending cuts and demanding the budget deal include another increase in the nation's debt ceiling is clear. >> this isn't about getting a handle on the deficits or debt for him. it's about spending even more than he already has. >> white house aides reject republican claims that holding the debt limit over the president head is the only mechanism to get him to trim spending. >> you are going to keep the debt limit goes higher and you're spending money. you and congress. >> president signed in law, $1 trillion in spending cuts. there is a specific proposal to achieve $600 billion in savings from our entitlement programs. including our healthc
. >> once again, he was trying to frame the battle oaf the fiscal cliff as being all about taxes. with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. that is good for the american economy. >> republicans believe the reason the president is going light on spending cuts and demanding the...
319
319
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 319
favorite 0
quote 0
a deal to keep us from going off the fiscal cliff. the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he said behind closed doors that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner ha
a deal to keep us from going off the fiscal cliff. the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he...
176
176
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 176
favorite 0
quote 0
known as the fiscal cliff. despite a call between president obama and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and it's because the president is refusing to budge at all on the top toks ratestopx rates and we'll go off the cliff if the republicans don't acreed to that demand. so we're still at a stand still. >> paul: kim, why is the president so insistent on increasing tax rates? boehner has already put on the table a comparable amount of money to be gained from putting a cap on deductions, about 800 billion over ten years, so such a-- >> look, paul, two reasons. first is ideological. his partisans, his liberal base believe this is somehow a symbol of winning the tax fight and you can only do that by raising the rates on the wealthy
known as the fiscal cliff. despite a call between president obama and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and it's because the president is refusing to budge at all on the top toks ratestopx rates and...
156
156
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 156
favorite 0
quote 0
the financial advisor gives his take on the looming fiscal cliff. >> the president will want it and get it and win the battle on the higher tax rates on upper income people. >> art lafferks r said the gop still has more cards to play in their hand. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. welcome back everybody. help is on the way for hurricane sandy victims in washington. getting that money approved will not be easy. >>let white house sent letters to john boehner and harry reid requesting 60.4 billion saying after hurricane sandy they're funds necessary to finance. and there is impants . in dc money is quiet . speaker boehner said we have the request and we will view it they need to make sure they don't spend too much money they don't should saying it is our responsible to make sure they are giting the most . that i can sure they are times and targeted. governors of new york and jers. asked for it 79.billion and this is well short of governors and senators are thankful for the
the financial advisor gives his take on the looming fiscal cliff. >> the president will want it and get it and win the battle on the higher tax rates on upper income people. >> art lafferks r said the gop still has more cards to play in their hand. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. welcome back everybody. help is on the way for hurricane sandy victims in washington....
209
209
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 209
favorite 0
quote 0
its way out oof this problem, shep. >> that's the fiscal cliff. now hurricane sandy and congress came up with some relief for folks who are still suffering, mike. >> that's right. president obama has asked congress for $64 billion in federal aid for new york, new jersey, and other states hammered by super storm sandy it would provide financial assistance to homeowners, businesses and local and state governments faced with the huge chore of cleaning up and rebuilding after the late october devastating storm. most new york and new jersey officials for the most part praised the request and asked congress to take quick action. speaker boehner's office says it has the paperwork and aides are reviewing it shep? >> shepard: good news. mike, turns out the super storm didn't effect the job market as much as the analysts were expecting. the labor department reported today and we learned that the unemployment rate dropped two tenths of a percent down to 7.7 last month and hiring apparently stayed steady after the storm. also while sandy cost the economy 10s
its way out oof this problem, shep. >> that's the fiscal cliff. now hurricane sandy and congress came up with some relief for folks who are still suffering, mike. >> that's right. president obama has asked congress for $64 billion in federal aid for new york, new jersey, and other states hammered by super storm sandy it would provide financial assistance to homeowners, businesses and local and state governments faced with the huge chore of cleaning up and rebuilding after the late...
262
262
Dec 13, 2012
12/12
by
FOXNEWSW
tv
eye 262
favorite 0
quote 0
we don't know what will happen in this hour, in this meeting so we could still go over the fiscal cliff. the second poll, the best way or fix this budget problem, 57%. mostly spending cuts. raise my taxes. >> dana: this is the problem that the democrats are starting to realize, they let this go on too long. you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on here. they say wait a second, for spending cuts and the new stories are starting to change. that the democrats say they are not for that. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >> eric: let's talk about what is going on. president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >>
we don't know what will happen in this hour, in this meeting so we could still go over the fiscal cliff. the second poll, the best way or fix this budget problem, 57%. mostly spending cuts. raise my taxes. >> dana: this is the problem that the democrats are starting to realize, they let this go on too long. you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on...
221
221
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 221
favorite 0
quote 0
do not agree to that is the administration prepared to go over the fiscal cliff. >> oh, absolutely, an agreement doesn't involve those rates going up on the top 2%, only 2%, and all of those americans get a tax cut on the first $250,000 of their income. >> well, what if the obama administration lets it happen? what happens to the average american family. joining us here, is congressman randy forbes, nice to have you on the show. >> thank you, governor. >> let me ask you something, do you feel that the president actually wants it to happen so it gives him some political advantage? >> well, governor, i just have to judge that by two things, first of all, what i'm hearing from my colleagues on the democratic leadership side and told me as late as last week, they wanted to go over the fiscal cliff because we've argued all along they'll start by simply taxing everybody above 200,000, but that will continue and this'll lower at that rate and limit and they told me they'd vote for everything that tax everybody above $150,000 and secondly you look at the president as actions. the president
do not agree to that is the administration prepared to go over the fiscal cliff. >> oh, absolutely, an agreement doesn't involve those rates going up on the top 2%, only 2%, and all of those americans get a tax cut on the first $250,000 of their income. >> well, what if the obama administration lets it happen? what happens to the average american family. joining us here, is congressman randy forbes, nice to have you on the show. >> thank you, governor. >> let me ask you...
161
161
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 161
favorite 0
quote 0
cliff and that is the real fiscal cliff $16 trillion debt which the tax you have 200,000 less jobsve next year and the people voting for that will be responsible and held accountable for the public policy. >>neil: you have been talking about freeing out to the middle-class. for and reason in the last election republicans lost the middle class. they seemed to get stereotypes as the party that appeals only to the well-to-do. what i am asking you, how do you change that? the perception sticks in the eyes of some. >>guest: first of all, we need to understand the middle class makes us different and exceptional. every didn't has rich people but what makes us different in history is we have a broad based vibrant middle class. it is not just people in the hill class but millions of people that are trying to get to the middle class. i rely on my occupy life experience. my parents worked in the service industry, immigrants, they did not make a lot of money, a bartender and maid and they owned a house and a car. today all four of their children live a much better life because of them and becaus
cliff and that is the real fiscal cliff $16 trillion debt which the tax you have 200,000 less jobsve next year and the people voting for that will be responsible and held accountable for the public policy. >>neil: you have been talking about freeing out to the middle-class. for and reason in the last election republicans lost the middle class. they seemed to get stereotypes as the party that appeals only to the well-to-do. what i am asking you, how do you change that? the perception...
238
238
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 238
favorite 0
quote 0
to talk to lawmakers the debate rageed on how to avoid the fiscal cliff. president obama trying to argue the republican plan wouldn't work suggested that the g.o.p. would eliminate charitable deductions altogether. >> if you eliminate charitable deductions, ever hospital and university and non-for profit agency, across the country would find themselves on the verge of collapse. >> destroying every charity in the country as a powerful political argument no republican plan to eliminate the charitable deductions. oddly enough the president himself long favored capping deductions at 28%. also in his current budget. >> a different way to do that, that would raise $600 billion over ten years. >> analysts say that 50 $50,000 cap the g.o.p. suggested would raise more than that. some $750 billion. the arguement that limiting deductions would hurt charities was dismissed by mr. obama himself back in 2009. >> i think this was a good idea. a realistic way for to us raise revenue from people who benefited enormously in the last several years. >> making the wealthy pay
to talk to lawmakers the debate rageed on how to avoid the fiscal cliff. president obama trying to argue the republican plan wouldn't work suggested that the g.o.p. would eliminate charitable deductions altogether. >> if you eliminate charitable deductions, ever hospital and university and non-for profit agency, across the country would find themselves on the verge of collapse. >> destroying every charity in the country as a powerful political argument no republican plan to...
316
316
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 316
favorite 0
quote 0
president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right t
president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get...
231
231
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 231
favorite 0
quote 0
and bring on the fiscal cliff. he says who cares if we spiral into another recession. if unemployment goes back up to 9%, that's not the president's problem because in his mind if that happens, he'll have yet another golden opportunity to wash his hands of all of his failures and then arrogantly blame the republican party. to make matters worse, we're learning today that president obama is a far cry away from waging this battle by his lonesome. as usual, his friends in the main stream media have been willing to continue to do whatever he wants and that means to say whatever it takes to try and fool you, the american people, into thinking that raising taxes is your only option. the extent to which so-called journalists have been spreading his propaganda is now in a brand new study. according to this report, the chief offender of that left wing bias is none other than abc news. yes, it turns out that in the three weeks following the election the net woul network cd obama's favorite issue which is raising taxes 17 tim
and bring on the fiscal cliff. he says who cares if we spiral into another recession. if unemployment goes back up to 9%, that's not the president's problem because in his mind if that happens, he'll have yet another golden opportunity to wash his hands of all of his failures and then arrogantly blame the republican party. to make matters worse, we're learning today that president obama is a far cry away from waging this battle by his lonesome. as usual, his friends in the main stream media...
300
300
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 300
favorite 0
quote 0
of course, if we fall off the fiscal cliff, we'll all die, right? actually, taxes will go up for pretty much everybody and automatic spending cuts kick in on knew year's day. the president and the house speaker met face-to-face just yesterday for the first time since the election, but are they talking about it? no. today an aide said the speaker is willing and still waiting for counteroffer from the president. ed henry is live at the white house. i don't know, ed. a meeting happens and nobody says anything. this could be seen as something more good than bad. >> reporter: exactly. because they didn't come out of the meeting beating each other up and saying i'm never going to sign a deal with the other guy. the fact that they're keeping this quiet, hush hush for now in terms of the details of what they discussed suggests that they're hopeful of a deal, although i have to tell you. the president sounded pretty optimistic when he was in michigan about the possibility of us going off the cliff and falling into a second recession. here's what he had to sa
of course, if we fall off the fiscal cliff, we'll all die, right? actually, taxes will go up for pretty much everybody and automatic spending cuts kick in on knew year's day. the president and the house speaker met face-to-face just yesterday for the first time since the election, but are they talking about it? no. today an aide said the speaker is willing and still waiting for counteroffer from the president. ed henry is live at the white house. i don't know, ed. a meeting happens and nobody...
168
168
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 168
favorite 0
quote 0
want the marginal tax rate at the beginning of the fiscal cliff because they can most afford it. we can't have $127 billion of tax increases and spending cuts just a little bit from those that can most afford it. >> heather: thank you so much for joining us. we'll see what happens. >> gregg: george zimmerman files a lawsuit against nbc accusing the network of editing the 911 call before the death of trayvon martin. >> heather: a little girl waits her turn to meet santa but little did she know one of her christmas wishes would be granted on the spot. >>> daddy? the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? i've been a su
want the marginal tax rate at the beginning of the fiscal cliff because they can most afford it. we can't have $127 billion of tax increases and spending cuts just a little bit from those that can most afford it. >> heather: thank you so much for joining us. we'll see what happens. >> gregg: george zimmerman files a lawsuit against nbc accusing the network of editing the 911 call before the death of trayvon martin. >> heather: a little girl waits her turn to meet santa but...
221
221
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 221
favorite 0
quote 1
when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously won and democrats insist upper income americans should pay higher taxes but there could be room to negotiate but their point is they don't want to talk about other aspects of a deal until the g.o.p. gives in on their demand for more tax money. >> what is lacking are the revenues. we cannot cut your way to deficit reduction. what reduces the deficit are jobs. job creation. after spending cuts, and medicare saving, and next is the revenue. >>reporter: leader pelosi spent time at the white house today meeting with president obama on what we are told are a number of issues. >>shepard: thank you, mike, from washington, dc. we know that business collects information from us when we go to our website our mobile apps. usually it is legal. there is a new law that requires companies to notif
when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously won and democrats insist upper income americans should pay higher taxes but there could be room to negotiate but their point is they don't want to talk about other aspects...
129
129
Dec 6, 2012
12/12
by
FOXNEWSW
tv
eye 129
favorite 0
quote 0
why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no leverage on this thing. >> not going to happen. megyn: we'll leave it at that. thank you both. just ahead. a much more somber note. new warning about the sarin gas threat in syria. city drivers claim a class action that the traffic cameras are actually rigged. soot whole world is watching and the president of the united states made clear there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. megyn: that was leon panetta with a warning that the united states and our allies will not tolerate a chemical attack by syria. we got reports that they were mixing the chemical weapons earlier this week. focusing new attention on saddam huss
why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no leverage on this thing. >> not going to happen. megyn: we'll leave it at that. thank you both....
236
236
Dec 13, 2012
12/12
by
FOXNEWSW
tv
eye 236
favorite 0
quote 0
. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes. death and state taxes. throw up the map. senator from wyoming put this out. 526,421 family farms threatened by the new death tax. mostly because assets are tied up in land. you're land rich and cash poor. this hurts a lot of people. >> greg: this plays in the old phrase buying the farm. >> dana: it plays in something i want to tease for friday, which is i am -- i got to buy the farm. get it. think we haven't heard that. >> bob: promote something? >> dana: on friday, tomorrow i'm going to vegas and i'm going to the national rodeo -- the national finals rodeo sponsored by wrangler. i went last year and i got to interview the rodeo queen. the new rodeo queen this year and talk to a few other people and chance to go to the rodeo and see my family. >> eric: that's nice. >> dana: that's it? "that's nice." >> kimberly: it sundays fun. you know how to ride a horse. >> bob: ride a bull. >> dana: we
. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes. death and state taxes. throw up the map. senator from wyoming put this out. 526,421 family farms threatened by the new death tax. mostly because assets are tied up in land. you're land rich and cash poor. this hurts a lot of people. >> greg: this plays in the old phrase buying the farm. >> dana: it plays in something i want to...
130
130
Dec 12, 2012
12/12
by
FOXNEWSW
tv
eye 130
favorite 0
quote 0
throw the fiscal cliff which could potentially raise taxes dramatically. that is big reason we see a lot of consumers aren't spending as much. a lot of companies are not hiring. you're not seeing unemployment fall. we don't know. this $63 again doesn't sound like a lot of money. i'm not going to be surprised next couple years if we see a lot more of these fees really sneaking up on us. i love the administration, say most likely will go away unless congress extends it. how much do we see it could end up being twice as much. martha: you can't see congress going, oh, my gosh, 2017, time to bring back the $63, it's done, not going to happen? thinking around the holiday thinking but know that will not happen. martha: anyone can find an example where congress said, you know what, we shouldn't have this money anymore, please tweet me @marthamaccallum. remind me. that will be inspiring moment. matt, thank you. you're busy this time of year. everybody is doing everything they can to avoid changes at the beginning of the year. good to see you. >> thanks. bill: time
throw the fiscal cliff which could potentially raise taxes dramatically. that is big reason we see a lot of consumers aren't spending as much. a lot of companies are not hiring. you're not seeing unemployment fall. we don't know. this $63 again doesn't sound like a lot of money. i'm not going to be surprised next couple years if we see a lot more of these fees really sneaking up on us. i love the administration, say most likely will go away unless congress extends it. how much do we see it...
322
322
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 322
favorite 0
quote 1
forget this fiscal cliff deal. the moral is, you raise tax rates and down goes tax revenue. look at what happened in britain. this raised the top tax rate to 50% and two-thirds of the millionaires disappeared in the next tax year. same things are happening in france. people are leaving. the top tax rate of 75%. same thing had in maryland a few years ago. new millionaires tax. they disappeared. exactly the same thing in california. >> brian: they went to pennsylvania and california. now texas. >> you avoid a high, what they consider a high tax rate. you want to take more money off them, but when you try do it, you don't get more money off them. >> brian: are you disturbed at all, 'cause i know you're a numbers guy, that it seems as though republicans from senator cork tore coburn to coal, seem to be saying, all right, just raise the rate. give the president his trophy so we can get to real cuts, would that bother you? >> yes, it would bother me because this is a spending problem. not a tax problem. if you just give in and pay the higher tax rates or vote for higher tax rates,
forget this fiscal cliff deal. the moral is, you raise tax rates and down goes tax revenue. look at what happened in britain. this raised the top tax rate to 50% and two-thirds of the millionaires disappeared in the next tax year. same things are happening in france. people are leaving. the top tax rate of 75%. same thing had in maryland a few years ago. new millionaires tax. they disappeared. exactly the same thing in california. >> brian: they went to pennsylvania and california. now...
210
210
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
cliff situation but both sides appear to be very far apart still. >> it should be no substitute for our passing a middle income tax cut now. >> there are ways to limit deductions, close loopholes and have the same people pay more, more of their money to the federal government without raising tax rates. >> they will lose completely by the end of the year their benefits. this is the real cliff. martha: all right. we're joined now by chris wallace, anchor of "fox news sunday". chris, good morning. good to see you. a lot of hubbub today about the fact that john boehner and the president are going to sit down one-on-one. there is a lot of optimism i heard from many circles this morning that this means something is going to happen, that something will get done. should we believe that? >> well i wouldn't be that optimistic. i have a memory at least as long as august of 2011 when the two them sat down together and were negotiating the debt debacle. that didn't go so well. martha: no, it did in the. >> it completely fell apart. it is good they're talking rather than not talking but certainly
cliff situation but both sides appear to be very far apart still. >> it should be no substitute for our passing a middle income tax cut now. >> there are ways to limit deductions, close loopholes and have the same people pay more, more of their money to the federal government without raising tax rates. >> they will lose completely by the end of the year their benefits. this is the real cliff. martha: all right. we're joined now by chris wallace, anchor of "fox news...
179
179
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 179
favorite 0
quote 0
national correspondent jerramy e centanni is live with the latest on the fiscal cliff. >> reporter: there is no deal yet. no negotiations, face to face, but one republican is giving ground this morning on a major stumbling block. and that's the tax rates for the wealthy. and a key democrat expressing optimism. here's the two side, moving a bit closer together on "fox news sunday." let's listen. >> i think we will get an agreement. the reason i think we will get an agreement. what's standing in the way is revenues, particularly making that top rate go up to 39-6. but i think we are seeing real progress. i think you will see our republican colleague, reluctantly say let's go up to 39-6. >> a lot of people are saying, give the president the 2% increase he's talking about, the rate increase on the top 2%. so there is a growing body. i am beginning to believe that's the best route for us to take. >> reporter: saying, go ahead give the president the tax increase on the highest 2% of wage earners. but house speaker and john boehner have not sat down for negotiations. even though corker is saying
national correspondent jerramy e centanni is live with the latest on the fiscal cliff. >> reporter: there is no deal yet. no negotiations, face to face, but one republican is giving ground this morning on a major stumbling block. and that's the tax rates for the wealthy. and a key democrat expressing optimism. here's the two side, moving a bit closer together on "fox news sunday." let's listen. >> i think we will get an agreement. the reason i think we will get an...
223
223
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 223
favorite 0
quote 1
with so much of the fight over that looming fiscal cliff focusing on tax rates we want to look at that claim, that claim specific to spending to see how it stands up with the facts. doug mckelway is live in washington with more on this story. >> reporter: good morning, jenna. the republicans claim democrats are solely focused on raising tax rates not spending cuts. democrats counter what we heard from nancy pelosi. democrats agreed to over a trillion dollars in cuts as part of the budget control act in 2011. indeed hear is the document. letter from cbo to spiker boehner laying out $915 billion in cuts between 2012 and to 21. the brookings institution it is a fact, she says pelosi was right. listen up. >> there are two different conversation going on about these numbers. one is about the cuts that are already embedded in law which is evidently what nancy pelosi was talking about and they are absolutely embedded in law and there is no question about them. >> reporter: but not so fast. keep in mind that these numbers were derived from baseline budgeting that is a washington gimmick that n
with so much of the fight over that looming fiscal cliff focusing on tax rates we want to look at that claim, that claim specific to spending to see how it stands up with the facts. doug mckelway is live in washington with more on this story. >> reporter: good morning, jenna. the republicans claim democrats are solely focused on raising tax rates not spending cuts. democrats counter what we heard from nancy pelosi. democrats agreed to over a trillion dollars in cuts as part of the budget...
181
181
Dec 6, 2012
12/12
by
FOXNEWSW
tv
eye 181
favorite 0
quote 0
a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house speaker john boehner talked on the phone yesterday, but they agreed not to characterize their conversation. so it's unclear how much progress they made. from the outside, it does seem they've moved a bit closer with boehner now agreeing to raise tax collection from the wealthy, though not by raising tax rates. >> we've got to cut spending and i believe to put revenues on the table. the revenues we're putting on the table will come from, guess who, the rich! there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates which
a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house...
131
131
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 131
favorite 0
quote 0
what they offered in return was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes across america, it's a very, very lean time. >> the reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> greta: with us is co-host of the five, greg gutfeld. he has a new book out, the joy of hate. he's been on a road trip having a book tour, so he has been talking to lots of people and they have been talking to him. so we
what they offered in return was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income...
222
222
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 222
favorite 0
quote 0
. >> we got to the fiscal cliff because you had a bunch of republicans who wanted not to work with this president. now you've got republicans all of a sudden saying they are not going to take tax pledges like grover more question is wants, they are open to revenue enhancement. if they had said that two years ago or one year ago moody's wouldn't have lowered the pwhopbd ratinbond rating of the united states. they've created such uncertainty. alisyn: now that we are at the 11th hour where do you think we are now. >> i know that alan hasn't had a lot of private conversations with republican lawmakers, but take it from somebody who has. >> you don't know. >> these guys feel he will feel stymied, frustrated. they are not in the door. it's not even about compromising, that isn't even the right word. open the door, let's sit down and try to bargain and negotiate. he doesn't do that. alisyn: moving back to what the singer from the fray say. wouldn't it help for the president to invite the republicans instead of this adversarial conference room table, why not go play golf. >> i agree with you. t
. >> we got to the fiscal cliff because you had a bunch of republicans who wanted not to work with this president. now you've got republicans all of a sudden saying they are not going to take tax pledges like grover more question is wants, they are open to revenue enhancement. if they had said that two years ago or one year ago moody's wouldn't have lowered the pwhopbd ratinbond rating of the united states. they've created such uncertainty. alisyn: now that we are at the 11th hour where...
198
198
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 198
favorite 0
quote 0
if it it doesn't we could go over the fiscal cliff and right now the economy is in a fragile position. >> no one can argue with that one. a lot of criticism on both sides and a lot pointing to republicans that they want to see the fiscal cliff happen. is there any upside if we actually go over the cliff? >> there's no upside if we go over the cliff and what you've seen the last couple of weeks is political theater. that's how we negotiate things here in washington d.c. and the good news, the president put forth a plan and republicans have put forth a plan and i believe that obama will have to come to the table with more spending cuts and entitlement reform and republicans might have to give in to some tax increases and the cbo do a recent report, saying if republicans get what they want in extending the entire bush tax cut plan. it would only increase the gd growth by 1.5%. if we do what president obama wants to do, it will only increase the gdp by 1.25%, having said that, it's just not about tax cuts, doug, it's more about cutting wasteful government spending. >> i was going to ask d
if it it doesn't we could go over the fiscal cliff and right now the economy is in a fragile position. >> no one can argue with that one. a lot of criticism on both sides and a lot pointing to republicans that they want to see the fiscal cliff happen. is there any upside if we actually go over the cliff? >> there's no upside if we go over the cliff and what you've seen the last couple of weeks is political theater. that's how we negotiate things here in washington d.c. and the good...
249
249
Dec 12, 2012
12/12
by
FOXNEWSW
tv
eye 249
favorite 0
quote 0
cliff. the democrats continue to portray the g.o.p. as the grinch. who wants to steal not christmas but a middle class tax cut. tonight, charges and countercharges from chief white house correspondent ed henry. >> officials now say speaker john boehner's phone call to president obama was tense, hopes of a possible deal seem to be fading fast. >> i remain the most optimistic person in this town, but we've got some serious differences. >> the biggest difference is over taxes. republicans complain in an interview with abc news the president made it harder for boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> i'm confident republicans would not hold middle class taxes hostage to try to protect the tax cuts for high-income individuals. >> white house officials today incested the president was merely reiterating a long-held position and said the hold up is the republicans failing to get specific about taxes. >> closing loopholeles they wi
cliff. the democrats continue to portray the g.o.p. as the grinch. who wants to steal not christmas but a middle class tax cut. tonight, charges and countercharges from chief white house correspondent ed henry. >> officials now say speaker john boehner's phone call to president obama was tense, hopes of a possible deal seem to be fading fast. >> i remain the most optimistic person in this town, but we've got some serious differences. >> the biggest difference is over taxes....
199
199
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 199
favorite 0
quote 0
time for the fiscal cliff update. we have not fallen over the ships but it is a few days away. no word of any progress. no compromise from either side. all with spending cuts and expiring tax credits. today, president obama pushed his proposed fix saying a deal must include higher tax rates. republicans say that is a job killer. they is said that forever. they let go of that, meeting at the white house yesterday. neither side will give any details about the conversation between president obama and speaker boehner. wendell, is there any time left to get this done? >>reporter: well, folks think there is time for enough of a deal but stopped short of a fiscal cliff but some think that has to happen this week. at a daimler truck stop the president didn't mention the upper income tax hike he is demanding but warned what will happen if congress doesn't extend the middle-class tax cuts both sides want. >> people will spend nearly $200 billion less than otherwise they would spend. consumer spending will go down. that means you have less customers, businesses get fewer profits, they hir
time for the fiscal cliff update. we have not fallen over the ships but it is a few days away. no word of any progress. no compromise from either side. all with spending cuts and expiring tax credits. today, president obama pushed his proposed fix saying a deal must include higher tax rates. republicans say that is a job killer. they is said that forever. they let go of that, meeting at the white house yesterday. neither side will give any details about the conversation between president obama...
217
217
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 217
favorite 0
quote 0
but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we didn't have so many new bright young conservatives now in the senate. but it's time that conservatives take control of our message and let americans know what we can do to make their lives better. earlier fellow south carolina senator lindsey graham sounded truly shocked by the news. >> on a personal level, i have lost my
but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to...